Bank Innovation

NOVEMBER 2, 2017

EXCLUSIVE–Are fintech lenders really more risky, more desperate for customers, and more appealing to millennials? Not precisely, TransUnion told Bank Innovation.

Fintech 218

Fintech Millennials Innovation Data 218

PYMNTS

APRIL 24, 2019

Though not the top priority for onboarding members, these features play an essential role in convincing Gen Z, millennials and Bridge Millennials to sign up with their current CUs. So, how are CUs to approach their website and mobile innovations with different generations that hold different expectations? In addition, 78.8

Innovation 134

Innovation Millennials Digital Banking Mobile 134

PYMNTS

APRIL 29, 2020

The April 2020 New Payment Flows edition of PYMNTS’ Credit Union Innovation Playbook series, a PSCU collaboration, looks into the credit union (CU) space at a pivotal moment: Many concepts, from eating to shopping to traveling and, of course, how we pay, have changed forever. CUs value innovation that benefits members. percent and 39.4

Innovation 152

Innovation Payments Millennials Survey 152

Bank Innovation

FEBRUARY 19, 2018

small businesses, specifically and unsurprisingly with those run by millennials, according to a new report by Mercator Advisory Group. According to Mercator’s report, Business Banking Services: Keeping Up with Millennial Owners, 27% of total U.S. Online alternative lenders are gaining momentum with U.S.

Millennials 303

Millennials Online Lending Groups 303

PYMNTS

AUGUST 23, 2017

AI FinTech company Douugh’s CEO Andy Taylor shared his thoughts with PYMNTS on how this technology in particular is going to affect the industry that touches all others – banking. “AI As more millennials become adults and baby boomers pass on, these young adults will have larger purchasing power. million).

Millennials 196

Millennials Industry Groups Study 196

Bank Innovation

AUGUST 23, 2016

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials.

Millennials 150

Millennials Fintech Industry Online 150

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

Bank Innovation

AUGUST 30, 2016

Despite the ongoing efforts of banks to attract millennials, they are still failing to make an impression. According to Gallup, only 23% of millennials are actively engaged with their bank, making millennials the least engaged generation.

Millennials 218

Millennials Online Technology Fintech 218

Bank Innovation

SEPTEMBER 12, 2017

EXCLUSIVE – Millennials are famously credit-averse, but this means they risk losing out on building a credit history, which is necessary for, among many other things, getting a mortgage when they want to buy a home.

Millennials 277

Millennials Cards Online Innovation 277

Bank Innovation

SEPTEMBER 8, 2016

For fintech, millennial consumers are–let’s go with challenging–according to the huge quantities of rigorous data collected on them.

Millennials 150

Millennials Maine Fintech Data 150

SWBC's LenderHub

MAY 7, 2020

This is due in large part to advances in Fintech and evolving consumer expectations. As your member base shifts to a larger number of millennials and their younger Gen Z counterparts, traditional forms of communication will likely fall on deaf ears.

Strategy 97

Strategy Innovation Millennials Fintech 97

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology.

Innovation 215

Innovation Millennials Technology Examples 215

Bank Innovation

MAY 25, 2017

Focus on products in the fintech industry is over the top, and, as a result, the majority of consumers struggle to find financial products that address their immediate needs. This was the overarching sentiment from panelists during the MorningStar Fintech Forum yesterday.

Fintech 281

Fintech Innovation Industry Millennials 281

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

Abrigo

JUNE 14, 2017

Many banks and credit unions have found a path to growth via partnerships with fintechs. Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. Are customers requesting new products?

Fintech 170

Fintech Software Lending Millennials 170

PYMNTS

MARCH 4, 2017

Millennials as a generation are probably the most speculated and talked-about generation in human history. More seriously, millennials are increasingly viewed as a generation a bit in peril. Millennials Bowl. As it turns out, millennials love sriracha, yoga pants, Netflix, chilling, Snapchat and bowling. There are 75.4

Millennials 100

Millennials Mobile social media US 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 22, 2020

And with a nod toward capital market innovation, Bergeron predicted “a lot of money will run to them until there’s too much money in them.”. That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers. on a state by state basis) will impede innovation, he warned. Debit cards work virtually.

Fintech 169

Fintech Capital Innovation Data 169

Bank Innovation

AUGUST 23, 2017

EXCLUSIVE – Add another financial wellness app to the list, millennials. Douugh, a fintech company that uses artificial intelligence (AI)-based to provide financial guidance, launches today. Sophie is not an robo- advisor,” Andy Taylor, CEO of Douugh told Bank Innovation. Think of […].

Marketing 230

Marketing Millennials Innovation Fintech 230

PYMNTS

NOVEMBER 6, 2019

In the latest Disbursements Tracker , PYMNTS analyzes the impact of instant payments and disbursements in a variety of use cases and industries, as well as how payment innovation continues to grow and change in accordance with consumers’ disbursements needs. Instant Payment Innovations. Zelle competitor Venmo is also on the rise.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

SEPTEMBER 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. million-plus millennials in the country. . Accelerate 2.0

Fintech 148

Fintech Millennials Cards America 148

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. New Visa Alliances Help FinTechs Launch Payments Solutions. Visa is working with four global finance firms to help FinTechs issue digital and plastic payments. Top News

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

OCTOBER 18, 2017

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

Innovation 140

Innovation Compliance Community Bank Strategy 140

PYMNTS

AUGUST 4, 2017

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

Bank Innovation

AUGUST 10, 2016

It’s not just millennial customers banks are adjusting to today — it’s millennial employees.

Millennials 150

Millennials Strategy Technology Online 150

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

Bank Innovation

OCTOBER 7, 2016

The nation’s biggest generation– yes, it’s millennials again — wasn’t big enough. Hedgeable isn’t the only startup looking beyond millennials and consumers in general to pitch its wares. In the past decade, many fintechs in wealth Read More.

Millennials 322

Millennials National Fintech Management 322

PYMNTS

OCTOBER 16, 2020

Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. Data: London FinTechs Netted $3.6B

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. has its own Open Banking initiatives coming into force in 2018, too. As the U.K. As the U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

Bank Innovation

JUNE 21, 2017

Consumers’ awareness of their credit standing has improved over the past years, in part thanks to all the free credit score tracking services that fintechs, as well as financial institutions, have incorporated into their apps.

Millennials 236

Millennials Fintech 236

Bank Innovation

MAY 2, 2016

63% of the sought-after millennials don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Lenders assume high… Read more How banks and Fintech AltFi can make money from prudent customers.

Fintech 150

Fintech Millennials Survey Lending 150

Bank Innovation

JUNE 30, 2017

Millennials out there are often caught between two big decisions: do they buy a home, or do they keep buying sweet, delicious avocado toast? Luckily for the potential millennial homebuyer, fintech lender SoFi has found a way to merge these two completely exclusive purchases: a SoFi mortgage now comes with avocado toast.

Millennials 240

Millennials Fintech Lending Online 240

Let's Talk Payments

AUGUST 29, 2016

India has witnessed a lot of FinTech activity in the past year. The huge millennial population, growing economy, and innovative startups are the major factors that have been cited for.

Fintech 74

Fintech Millennials Innovation Mobile 74

PYMNTS

JUNE 15, 2016

When you talk to the co-founder and CEO of a mobile-first digital bank account offering, you are likely to hear that millennials, to put it lightly, are not fond of big banks. Whether it’s Chime or other apps, millennials are increasingly turning to their mobile devices to keep track of their financial health.

Millennials 100

Millennials Mobile Digital Banking Fintech 100

ABA Community Banking

MARCH 15, 2017

Sale of millennial friendly BankMobile opens up Customers to breaching the $10 billion threshold Management Technology M&A Fintech.

Millennials 40

Millennials Innovation Fintech Management 40

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100